US unemployment rate jumps to 4.2% as JPMorgan raises 2025 recession odds to 60%

The unemployment rate in the U. S. just hit 4. 2%, up from 4. 1% the month before. That’s not what Wall Street wanted to hear. It’s also higher than the 4. 1% estimate economists had expected. This data came out Friday from the Bureau of Labor Statistics, and it’s already making markets twitch. But here’s the twist: even […] source: https://www.cryptopolitan.com/unemployment-rate-jumps-with-recession-odds/